Viva Energy rises on Australia's fresh support for domestic refining
20/03/2026 01:21
** Viva Energy VEA.AX rises as much as 8.6% to A$2.64, highest since January 30 ** Retail convenience and fuel network operator welcomes Australia government's decision to support domestic oil refining ** Australia raises Fuel Security Services Payment Margin Marker cap and collar to 10 AU cents/litre from 6.4 AU cents/litre for its Geelong Refinery in Australia ** FSSP hike to help refiners bolster financial stability, cushion volatility in refining margins ** YTD, VEA up 19.5% (Reporting by Aamir Sheik Khalid in Bengaluru) ((Aamir.SheikKhalid@thomsonreuters.com))
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